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murdoch like all british prime ministers they have to and i think some are saying that rupert murdoch was just annoyed about the b. sky b. issue there's a referral to the competition commission which certainly i think must be on the cards it's certainly been delayed it was supposed to be due this week and my sources in parliament are telling me that he's not going to get b. sky b. which will really engage even more off even more citizen kane wrote for murdoch in which case this isn't this p.r. ploy may mean he's just giving up this country and going to china and india for the future so you're saying that in fact by dropping the news of the world that would be a damage limitation exercise in that deal to go through that simply wouldn't work that way well a hundred sixty or a year or old newspaper with such a brand brand recognition it seems a crazy decision many people have remarked how poorly managed the papers have been under well titular head his son james murdoch we mustn't forget i mean the on the wall street journal the new york post a newspaper in turkey was just bored they may
murdoch like all british prime ministers they have to and i think some are saying that rupert murdoch was just annoyed about the b. sky b. issue there's a referral to the competition commission which certainly i think must be on the cards it's certainly been delayed it was supposed to be due this week and my sources in parliament are telling me that he's not going to get b. sky b. which will really engage even more off even more citizen kane wrote for murdoch in which case this isn't this p.r....
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the first question is, what will happen to rupert murdoch's companies in the u.s.? is anyone else in jeopardy right now, including his son? >> reporter: there are real question marks about where the buck stops. many people thought rebekah brooks, a close confidente of rupert murdoch, would be safe but she's the latest member of his empire to fall on her sword. real questions about u.s. titles and whether they'll be tainted as well. those titles include the fox cable network, "the wall street journal," which has a strong editorial representation, and of course dow jones news who i worked for at one stage in my career. a lot of questions about those titles and what kind of governance news corp. will look like going forward. lots of question marks about the independence of the news corp. board and whether we'll see moves on that front as rupert murdoch is forced to relinquish some power. >> the u.s. secretary of state hillary clinton in athens, greece, voicing strong support for that country, including their debt crisis. there is a meeting in brussels this thursday whe
the first question is, what will happen to rupert murdoch's companies in the u.s.? is anyone else in jeopardy right now, including his son? >> reporter: there are real question marks about where the buck stops. many people thought rebekah brooks, a close confidente of rupert murdoch, would be safe but she's the latest member of his empire to fall on her sword. real questions about u.s. titles and whether they'll be tainted as well. those titles include the fox cable network, "the...
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rupert murdoch is a back room guy. this crisis, this scandal, however, is about the public. it's about, it's about losing trust. it's about doing things that the average man on the street is absolutely appalled by, and it requires to fix this, if it's fixable, it requires explaining. it requires saying you're sorry. it requires going on every chat show that will have you and begging for forgiveness. it requires going to the family of milly dowler and the young girl who was murdered and kidnapped whose phones were hacked and saying you're sorry. these are not the kind of things that rupert murdoch has ever done or that he's capable of doing. >> hmm. when asked if rupert murdoch would have known about these alleged phone hacking incidents, michael wolff put it this way, he says the news corp chief was in close communication editor was in close contact with his sources and content. >> you're watching "world business today." the u.s. president and republican opponents continue to haggle over the country's debt ceiling. that is next. >>> welcome back to "world business today" rig
rupert murdoch is a back room guy. this crisis, this scandal, however, is about the public. it's about, it's about losing trust. it's about doing things that the average man on the street is absolutely appalled by, and it requires to fix this, if it's fixable, it requires explaining. it requires saying you're sorry. it requires going on every chat show that will have you and begging for forgiveness. it requires going to the family of milly dowler and the young girl who was murdered and...
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murdoch took shows that they'll be more revelations supergroup member rupert murdoch has a very finely tuned business brain and in my view this was a business decision he has a lot of things going on now one of them is to purchase the largest satellite network in britain called b. sky b. and that decision is about to be approved by the government that was in jeopardy i think he felt that as a businessman he had to sacrifice the news of the world because it in terms of the whole news international it's a tiny part of all that in terms of his global empire the amount of profits it brings yes it was profitable but he can sacrifice that very easily and furthermore he could maybe in a year have a sunday sun the sun is the daily newspaper that he's very successful at and reopen something like that but i tell you the most important thing in my view is that the political cast have been sucking up to rupert murdoch for so many years including prime minister david cameron he now has to stand back and say no i can't do it anymore it's gone too bad. while they're still ahead in the program a georg
murdoch took shows that they'll be more revelations supergroup member rupert murdoch has a very finely tuned business brain and in my view this was a business decision he has a lot of things going on now one of them is to purchase the largest satellite network in britain called b. sky b. and that decision is about to be approved by the government that was in jeopardy i think he felt that as a businessman he had to sacrifice the news of the world because it in terms of the whole news...
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rupert murdoch is an elderly man. whether he leaves this year or next year or five years, there's been talk about succession plans for him. analysts have been thinking for days it may happen. >> murdoch would stay on the company's chairman if he decides to give up his duties as chief executive officer. >> news corp got a taste of its own medicine yesterday when hackers took control of the sun website. hackers posted a fake news story. visitors were redirected to the twitter feed of a well known hacking group that breached websites belonging to sony, pbs and the u.s. senate. keep it on cnn for live coverage of the parliament hearings. >>> we want to hear from you. our question of the day. do you think that rupert murdoch knew about the phone hacking? send us an e-mail or a tweet. we'll read your comments throughout the morning. >>> 15 days and counting until the deadline for potentially da disastrous government default. president obama insists thprogrs is being made. >> today republicans will put their plan to a vote l
rupert murdoch is an elderly man. whether he leaves this year or next year or five years, there's been talk about succession plans for him. analysts have been thinking for days it may happen. >> murdoch would stay on the company's chairman if he decides to give up his duties as chief executive officer. >> news corp got a taste of its own medicine yesterday when hackers took control of the sun website. hackers posted a fake news story. visitors were redirected to the twitter feed of...
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prime minister's press chief major analyst phil respect to us he says rupert murdoch's now lost his long standing immunity among britain's politically. i think something changed this week you know for. decades british prime ministers have been on their knees to the to the murdoch press because they knew that when the sun which is his main daily newspaper here in britain when the sun supported a british politician running for prime ministership you know they won it and then you find on the next day you find that prime minister reading the sun looking like an idiot saying well the sun got me elected i mean so you've got this demeaning of british democracy is that missing of democracy really which the murdoch press was at back part of but i think and that was that for silence as well because important people needed the murdoch press and they couldn't be they couldn't attack it because of that and i think a line was crossed rupert murdoch has a very finely tuned business brain he has a lot of things going on now one of them is to purchase the largest satellite network in britain called the s
prime minister's press chief major analyst phil respect to us he says rupert murdoch's now lost his long standing immunity among britain's politically. i think something changed this week you know for. decades british prime ministers have been on their knees to the to the murdoch press because they knew that when the sun which is his main daily newspaper here in britain when the sun supported a british politician running for prime ministership you know they won it and then you find on the next...
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you questioned rupert and james murdoch in parliament on tuesday. earlier he gave me his reaction to what he heard at that session. >> i think the important thing in terms of the "news of the world" in the u.k. that rupert murdoch made it perfectly clear that he put his trust in the senior management. and i think he's lost that confidence and that trust in those people and he made that perfectly clear. so i think that was one of the most important things, and i think he said at one stage that he -- he was sort of disappointed at the performance of senior management. >> it was interesting to see how you and other members of the select committee were very keane to focus very much on rupert murdoch himself and bringing the question back to him whenever his son tried to intervene. was that a deliberate move on your part or was it something that you discussed with your colleagues beforehand? >> no, certainly not. at the end of the day, rupert murdoch is the head of the news international group. but to be perfectly honest with you, my individual sort of p
you questioned rupert and james murdoch in parliament on tuesday. earlier he gave me his reaction to what he heard at that session. >> i think the important thing in terms of the "news of the world" in the u.k. that rupert murdoch made it perfectly clear that he put his trust in the senior management. and i think he's lost that confidence and that trust in those people and he made that perfectly clear. so i think that was one of the most important things, and i think he said at...
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and is not indispensable. >> pressure on rupert murdoch's media empire in the u.k. has intensified following new allegations of malpractice by journalists of its newspapers. >> breaking news coming to us from the writer news agency. an explosion has hit a gas terminals on each of its border with israel. the blast happened at a pipeline distribution station. one report said masked gunman had launched a raid, starting a huge fire. it is the third attack on the pipeline within the last few months and the second within the last fortnight. more on that story to come. story,eturn to our top the phone hacking scandal that is engulfing the rupert murdoch media empire here in the u.k. there was an article headlined "murdoch's watergate." thank you very much for joining us. >> the story has a question mark at the end. this is about a massive abuse of power, just as watergate was about a massive institutional abuse of power from the top down. what we are seeing here is astonishing and unprecedented, the hacking scandals shaking rupert murdoch's empire. none of us should be too
and is not indispensable. >> pressure on rupert murdoch's media empire in the u.k. has intensified following new allegations of malpractice by journalists of its newspapers. >> breaking news coming to us from the writer news agency. an explosion has hit a gas terminals on each of its border with israel. the blast happened at a pipeline distribution station. one report said masked gunman had launched a raid, starting a huge fire. it is the third attack on the pipeline within the last...
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it's so widespread and people have gotten so used to it that rupert murdoch seems to be perfect part of the system rather than some special bill and with corporation has been undertaking some unique all lawful practices because here in america they're not so unique i'm going to check our reporting from washington r.t. . well in the new development consoled his policies russia's biggest out to all advertising company news out to all details on bass and business in about ten minutes time also on the bell grills his cross talk of the consequences of the phone hacking scandal and what it's having on both sides of the atlantic the full program coming up in twenty minutes time but here's a taste. for you know the u.k. would make murdoch and his news corp violator of the foreign corrupt practices act which has criminal and civil penalties. basically doesn't allow u.s. corporations to bribe foreign officials if murdoch is bribing foreign officials as he is really a case or talk about a hundred hundred thousand dollars or one hundred thousand dollars worth of bribes to the london police. if t
it's so widespread and people have gotten so used to it that rupert murdoch seems to be perfect part of the system rather than some special bill and with corporation has been undertaking some unique all lawful practices because here in america they're not so unique i'm going to check our reporting from washington r.t. . well in the new development consoled his policies russia's biggest out to all advertising company news out to all details on bass and business in about ten minutes time also on...
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. >> rupert murdoch and his son james r. and not see. the british law makers grill them over what they knew about the scandal. a dramatic attack interrupt the hearing. -- is due to die in texas tomorrow. it is now one of his victims fighting to save his life. hoping to make a splash, the london olympics. we follow one british athlete training hard to make the cut. welcome to our viewers on pbs and america. shocked, appalled, ashamed, the words that rupert murdoch used before lawmakers. that was his reaction tuesday phone hacking scandal that has unraveled his empire and sent shock waves through the military -- through the metropolitan police. they apologized for the hurt that was caused but they claimed that they were not responsible. the proceedings were interrupted by protesters with a plateful of foam. >> the moment when two of the world's most powerful media moguls, rupert murdoch and his son,, arrived to be held to account for the way that there company invaded the privacy of individuals. >> do you have anything to say about the pho
. >> rupert murdoch and his son james r. and not see. the british law makers grill them over what they knew about the scandal. a dramatic attack interrupt the hearing. -- is due to die in texas tomorrow. it is now one of his victims fighting to save his life. hoping to make a splash, the london olympics. we follow one british athlete training hard to make the cut. welcome to our viewers on pbs and america. shocked, appalled, ashamed, the words that rupert murdoch used before lawmakers....
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but we know that rupert murdoch just hates this kind of situation. and he may, just may say things that he will regret later. and the whole empire seems to be teetering on the edge right now. we even have reports yesterday that some members of the board of news corp. are looking at replacing him. i'm not sure how they can do that. but the very fact that that's come up is absolutely an astounding reversal for a man who was receiptly citizen cane. >> news reports, coo, to succeed rupert murdoch. are we hearing anything from news corp. about chase carey? >> we're hearing from the, independent board members, independent directors they're called of news corp., making a statement today, very brief statement saying that they fully back rupert murdoch. so backing off from those reports. but you know, peter, so many, especially the biographers of rupert murdoch, those who know him well, are saying the name, the family, the brand, is just too tainted now. it's irreparable. >> one final thought, "the guardian" newspaper where you are is also reporting as we've
but we know that rupert murdoch just hates this kind of situation. and he may, just may say things that he will regret later. and the whole empire seems to be teetering on the edge right now. we even have reports yesterday that some members of the board of news corp. are looking at replacing him. i'm not sure how they can do that. but the very fact that that's come up is absolutely an astounding reversal for a man who was receiptly citizen cane. >> news reports, coo, to succeed rupert...
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for years, rupert murdoch has been behind numerous cruel tabloid headlines. now suddenly he's on the front page himself, and that's a pretty awkward place for a press baron to be, suddenly the target of what they call in britain the gutter press. dan rivers, cnn, london. >> a lot of questions probably centers on who knew what it and when. >>> as we've been telling you the phone hacking scandal has cost london's top two police officials their jobs. let's go back to atika shubert. the two high profile resignations pretty much one after another. the timing also important but quite incredible what's unfolded in the last few days. >> reporter: really is, and it has completely tainted the british police. what lawmakers are looking at now is, one, did police ignore the phone hacking scandal when they should have investigated further and two, did they take police payments. they want to know how far the corruption goes in scotland yard. former senior police officer john yates is the latest head to roll. now under investigation for his failed review of the police phone
for years, rupert murdoch has been behind numerous cruel tabloid headlines. now suddenly he's on the front page himself, and that's a pretty awkward place for a press baron to be, suddenly the target of what they call in britain the gutter press. dan rivers, cnn, london. >> a lot of questions probably centers on who knew what it and when. >>> as we've been telling you the phone hacking scandal has cost london's top two police officials their jobs. let's go back to atika shubert....
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murdoch but it's rupert murdoch who has sidestepped all of these issues and now i think he's left and he calls on to basically get annoyed with david cameron has now got the media chief that cameron selected into deep water. if cameron thinks that rupert murdoch is just going to lay off the british prime minister now i think you'd be being naive we can expect some pretty serious stories in coming weeks they will try and upset the british government here but this isn't just about politics this is also about as you mentioned earlier the links with the british police force with british law now this is this is going far deeper than a journalist and. a journalist scandal isn't it this is this is going far deeper i mean some say that rupert murdoch has debased civil life for so many decades but now we have scotland yard a name that is internationally recognised routinely it seems take bribes they initially were supposed to inquire into this phone hacking scandal where you hack into a phone for a celebrity or a dead british soldier or a murder victim and here we are hearing that the police w
murdoch but it's rupert murdoch who has sidestepped all of these issues and now i think he's left and he calls on to basically get annoyed with david cameron has now got the media chief that cameron selected into deep water. if cameron thinks that rupert murdoch is just going to lay off the british prime minister now i think you'd be being naive we can expect some pretty serious stories in coming weeks they will try and upset the british government here but this isn't just about politics this...
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right now, rupert murdoch's news corp. is facing allegations on both sides of the atlantic. >> in the u.k., mr. murdoch has vowed to initial pressure. >> parliament has already -- was to hold record brooks and rupert murdoch accountable. why were so many people's phones pack in the name of news? it was a summons that they could not ignore. >> do the decent thing. you cannot hide it away from this level of public anguish. >> at first, they were reluctant witnesses. rupert murdoch told the committee he could not attend was to a's session, however looking forward to the inquiry. rebecca brooks said she is available to the committee on that date and welcome the opportunity to do so. but, she said, she would not be able to do -- say anything related to the ongoing investigation into hacking. i find, even imprisonment -- it appears the threat has worked. the murdoch's change their mind and said they would answer the questions. in a second letter, james murdoch confirmed their attendance. he said he was concerned they were asked
right now, rupert murdoch's news corp. is facing allegations on both sides of the atlantic. >> in the u.k., mr. murdoch has vowed to initial pressure. >> parliament has already -- was to hold record brooks and rupert murdoch accountable. why were so many people's phones pack in the name of news? it was a summons that they could not ignore. >> do the decent thing. you cannot hide it away from this level of public anguish. >> at first, they were reluctant witnesses. rupert...
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is the day rupert murdoch and his son did not want to see. they were summoned to answer questions about the scandal that rocked the country, allegations of widespread criminal activity by reporters at murdoch's now shuttered tabloid "news of the world." listen to this for a man infamous for his arrogance and ruthlessness. >> this is the most humble day of my life. >> reporter: rupert murdoch born in australia, age 80, an american citizen, presides over a global empire with $33 billion in revenue. he's the boss, but the buck does not stop witith him and he is n planning to step aside. ? because i feel the people trust trusted, i feel i'm the best to -- >> reporter: at his son james, an american citizen, runs company operations in europe and asia. when he was younger, he was the family rebel. now if he can hold on, he'll take over from his dad. >> if i knew then what w we kno now we would have takenore action around that and moved faster to get to the bottom of these allegations. >> reporter: it was james who did most of the talking. coming to
is the day rupert murdoch and his son did not want to see. they were summoned to answer questions about the scandal that rocked the country, allegations of widespread criminal activity by reporters at murdoch's now shuttered tabloid "news of the world." listen to this for a man infamous for his arrogance and ruthlessness. >> this is the most humble day of my life. >> reporter: rupert murdoch born in australia, age 80, an american citizen, presides over a global empire with...
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rupert murdoch's already shaky. public fury over the case challenges the future of britain's newspaper industry. they've got to take no they've got to take a chainsaw to government spending and do something about it calls for the u.s. to cut spending and threats to the country's credit rating might be downgraded if will make us fail to raise america's debt ceiling as more. economic crisis. one hundred thirteen bodies have now been recovered from the water. disaster on the volga river while divers and continue efforts to find a still. warm welcome to you this is the light from moscow i'm. a former executive editor of the disgraced news of the world newspaper has reportedly been arrested over the phone hacking scandal british pressing the rupert murdoch to face questioning of a continuing allegations that several of his newspapers were. voicemail hacking and bribed senior officials but he's a lawyer and reports the media mogul's read rise over the decades was littered with red flags warning of what was to come. rupert
rupert murdoch's already shaky. public fury over the case challenges the future of britain's newspaper industry. they've got to take no they've got to take a chainsaw to government spending and do something about it calls for the u.s. to cut spending and threats to the country's credit rating might be downgraded if will make us fail to raise america's debt ceiling as more. economic crisis. one hundred thirteen bodies have now been recovered from the water. disaster on the volga river while...
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, confronts a -- by rupert murdoch, confronts a grave threat. ford, mitsubishi, other big companies with big brands say they don't want to advertise in the news of the world this weekend because they don't want to be associated with the shocking revelations about how the newspaper obtained stories. for news corporation, owner of skr news of the world" whose share price fell almost 4% today a reputational crisis looks like it could become a financial problem. rupert murdoch's news corporation wants to buy the 61% of british sky broadcasting it doesn't already own. now, my sources tell me that bieb's scored had taken the view that news corporation would have to pay around 9.6 billion pounds for the b sky b shares. the media regulator, it has a duty to be satisfied that the holder of a broadcasting license is fit and proper, there's a risk that the takeover could be blocked or unscrambled. so b sky b's directors may insist that newscorp may even more, to compensate for the risk that the deal may never happen. >> so there may be an incentive for new
, confronts a -- by rupert murdoch, confronts a grave threat. ford, mitsubishi, other big companies with big brands say they don't want to advertise in the news of the world this weekend because they don't want to be associated with the shocking revelations about how the newspaper obtained stories. for news corporation, owner of skr news of the world" whose share price fell almost 4% today a reputational crisis looks like it could become a financial problem. rupert murdoch's news...
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phone hacking scandal rocked rupert murdoch's already shaken. public fury of the case challenges the future of britain's newspaper industry. calls for the u.s. to cut spending and threats of the country's credit rating might be downgraded if lawmakers fail to raise america's debt ceiling that says more e.u. states plunged deeper into economic crisis plus. initial investigations into the sinking of the belgariad point to negligence that the tragedy could have been avoided. and made an investigation into sunday's pleasure cruiser disaster as divers continue to retrieve bodies from the would be death toll now standing at one hundred thirteen. with news and comment from around the world this is r.t. live in moscow twenty four hours a day with a rapid change of heart rupert murdoch and his son james have now confirmed they will give evidence to a parliamentary committee investigating the u.k. phone hacking scandal this comes hot on the heels of earlier reports that they declined the summons it's alleged that several of murdoch's newspapers were engag
phone hacking scandal rocked rupert murdoch's already shaken. public fury of the case challenges the future of britain's newspaper industry. calls for the u.s. to cut spending and threats of the country's credit rating might be downgraded if lawmakers fail to raise america's debt ceiling that says more e.u. states plunged deeper into economic crisis plus. initial investigations into the sinking of the belgariad point to negligence that the tragedy could have been avoided. and made an...
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one of the only options that rupert murdoch himself had it was turning what was a perfectly good news corp and a very big brand toxic just by its very presence and would have continued to companies were withdrawing their advertising from the news of the world which would be less than very short of revenue in a very short space of time a red top newspaper like that needs the support of servicemen and their families and of course that would have been that if it come to light if it been proven. they had hacked into the phones of relatives of dead soldiers and of course the rest would have been made in connection with bribing the police very high profile arrests so really there are two things that we should take away from this for now one of them is really this kind of action couldn't have taken place without an ok from the very highest level and in fact i spoke to someone today who knew the editor of the current editor of the news of the world rupert murdoch said to her you have to keep this paper in high circulation around four million copies a day and you have to do it by any means pos
one of the only options that rupert murdoch himself had it was turning what was a perfectly good news corp and a very big brand toxic just by its very presence and would have continued to companies were withdrawing their advertising from the news of the world which would be less than very short of revenue in a very short space of time a red top newspaper like that needs the support of servicemen and their families and of course that would have been that if it come to light if it been proven....
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the questioning of rupert murdoch, his son, james murdoch, and former "news of the world" editor, rebekah brooks was riveting for the british and american media, but what did it reveal about how rupert murdoch does business? in tonight's rewrite, how a main newspaper told a republican candidate for senate to get out of the race and why that republican candidate thinks barack obama is not a christian. with precise pain relieving cream. it blocks pain signals fast for relief precisely where you need it most. precise. only from the makers of tylenol. >>> rupert murdoch would like you to believe that he runs his megamedia entire without actually knowing how it works. he'd also like you to believe he's sorry for hacking into your phone. next, how republicans may have squandered their chances to get most of the things they've [ male announcer ] a moment that starts off ordinary can become romantic just like that. a spark might come from -- a touch, a glance -- it can come along anywhere, anytime. and when it does, men with erectile dysfunction can be more confident in their ability to be ready
the questioning of rupert murdoch, his son, james murdoch, and former "news of the world" editor, rebekah brooks was riveting for the british and american media, but what did it reveal about how rupert murdoch does business? in tonight's rewrite, how a main newspaper told a republican candidate for senate to get out of the race and why that republican candidate thinks barack obama is not a christian. with precise pain relieving cream. it blocks pain signals fast for relief precisely...
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listed company rupert murdoch's news corp could face one hundred million dollars bill for u.s. investigation into police payments dr evil here one hundred million dollars fine they're facing for forty four billion dollars i'm going to you know sort of those are clear about this that all means is that they call of goldman or morgan and they borrow one hundred million which then morgan will put on to the taxpayer tab as part of the overall bailout so this potential hundred million dollars would only happen if the u.s. department of justice decides to investigate based on america's foreign corrupt practices act so basically american listed companies aren't allowed to bribe foreign officials or let police or royal protection officers. well i you know the u.s. justice system is got some cards to play and i mean clearly in los you want to just say that nine eleven was a joke and a bunch of financial mercenaries died on that day and we shouldn't give a flying hoot about it but unless you feel my way then you should prosecute rupert murdoch if it up and stop complaining you whining bab
listed company rupert murdoch's news corp could face one hundred million dollars bill for u.s. investigation into police payments dr evil here one hundred million dollars fine they're facing for forty four billion dollars i'm going to you know sort of those are clear about this that all means is that they call of goldman or morgan and they borrow one hundred million which then morgan will put on to the taxpayer tab as part of the overall bailout so this potential hundred million dollars would...
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they said at least 50% more without rupert murdoch. and the way they get it is from estimates of barclay's, and they say that it is worth much more than it trades for on the market, so there is a generic murdoch discount which encompasses that he will make decisions that are not consistent with the other shareholder interests. and so what makes news corp vuler inable is that this could make the murdoch discount as they call it bigger. in the short term, it may not matter that much, because murdoch's family owns 43% of the company and it would be difficult to kick him out, but if the family is discredited and the investors see a company worth a lot more than it is trading for and ripe for a takeover and you know who is very good at taking over businesses that are ripe with family struggles? "the new york times," because that is how he acquired them. they might not even need that much convincing to sell the company for much more than it is worth if they remain in charge of it. joining us now are brian steltzer, journalist at "the new yor
they said at least 50% more without rupert murdoch. and the way they get it is from estimates of barclay's, and they say that it is worth much more than it trades for on the market, so there is a generic murdoch discount which encompasses that he will make decisions that are not consistent with the other shareholder interests. and so what makes news corp vuler inable is that this could make the murdoch discount as they call it bigger. in the short term, it may not matter that much, because...
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Jul 16, 2011
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only a week or so ago rupert murdoch said he had total confidence in rebecca brooks. the first thing he did when he flew into london to try and sort this crisis out was stage a photo opportunity with his arm around rebecca, asked what his first priority was on landing in london. he pointed to her and said this one. >> rose: so why did she resign? >> i think because the attempts to take the pressure off so far had failed. the closure of the news of the world is dramatic and expense move. this pap had been going for 160 plus years. ruperturdoch bought it 42 years ago it was his big entry on to the world stage after leaving australia. >> rose: the largest circulati paper in london. >> 2 million a day, used to sell 6 to 8 million in its glory days. so this is an extraordinary, papers don't shut down overnight like that either. in these troubled mes. he had done that he pulled the bid for sky. he had agreed after changing his mind on thursday to appear before parliament. none of those things had taken the pressure off. the reason that he had kept rebecca brooks right by hi
only a week or so ago rupert murdoch said he had total confidence in rebecca brooks. the first thing he did when he flew into london to try and sort this crisis out was stage a photo opportunity with his arm around rebecca, asked what his first priority was on landing in london. he pointed to her and said this one. >> rose: so why did she resign? >> i think because the attempts to take the pressure off so far had failed. the closure of the news of the world is dramatic and expense...
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rupert murdoch's murdoch's bid for the u.k.'s biggest selling broadcaster b. sky b. crumbles under political pressure as the hacking scandal spreads beyond britain senators in the us now calling for an inquiry following reports that journalists from murdoch papers tried to bribe police for information after nine eleven britain's best selling tabloid news of the world was shut down after allegations the mobile phones of murder victims politicians and celebrities were hacked with the knowledge of the paper's editors. more trouble for the eurozone as the irish economy slides further e.u. central bankers fear italy and spain may be heading for their own financial abyss brussels is concerned it wouldn't have enough cash bail out the. analysts say europe's fourth largest economy is too big to fail and that it has a problem. coming up our special report on one of the most scenic regions in russia from lush woodlands to mighty mountains. is a sight to behold discovering russia coming your way next. the region deep in the. east is one of russia's newest territories. two thous
rupert murdoch's murdoch's bid for the u.k.'s biggest selling broadcaster b. sky b. crumbles under political pressure as the hacking scandal spreads beyond britain senators in the us now calling for an inquiry following reports that journalists from murdoch papers tried to bribe police for information after nine eleven britain's best selling tabloid news of the world was shut down after allegations the mobile phones of murder victims politicians and celebrities were hacked with the knowledge of...
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welcome back to cross talk and peter lavelle reminder we're discussing the world of rupert murdoch live. slim. tell me if i go to you i think we all agree good journalism is good for society but what is good journalism today because . if we look at the business model this will be discussed and during this entire program i mean it's profits that are most important and and traditional media has a very hard time in this environment i mean we all know poor journalists ok i mean is the public good being served by the business model in journalism today well peter it's interesting because the idea of responsibility and media is pretty much a twentieth century concept when our founder started the idea was a absolutely open robust stridently partisan press that was full of lies full of innuendo and full of all sorts of false information and in that sense it seems to me that we're just revolving back to that concept where we've got more stridently partisan media on both sides and we've got this robust communication and the whole idea of the enlightenment was that the founders was that the public
welcome back to cross talk and peter lavelle reminder we're discussing the world of rupert murdoch live. slim. tell me if i go to you i think we all agree good journalism is good for society but what is good journalism today because . if we look at the business model this will be discussed and during this entire program i mean it's profits that are most important and and traditional media has a very hard time in this environment i mean we all know poor journalists ok i mean is the public good...
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rupert murdoch knew nothing, absolutely zero? and remember, he had newspapers under his control that were delivering the most spectacular stories, stories about members of the royal family asking 500,000 pounds to allow people access to prince andrew. he -- that's the sort of story that his newspaper was delivering. members of parliament, for example, caught in bed with various women. again, stories that his newspapers were delivering. that is the kind of detail that rupert murdoch provided and yet was supposed to believe after today, he knows nothing and can't remember anything of the criminality. >> martin, your command of the story and perspective on it is invaluable to us. you can see martin bashir on msnbc, martin, thank you very much for joining me tonight. >> it's a great pleasure, lawrence, and thank you for having me. >> coming up, what's next in the investigation of rupert murdoch's empire and what could come back to haunt him? [ male announcer ] this...is the network -- a network of possibilities. in here, the planned
rupert murdoch knew nothing, absolutely zero? and remember, he had newspapers under his control that were delivering the most spectacular stories, stories about members of the royal family asking 500,000 pounds to allow people access to prince andrew. he -- that's the sort of story that his newspaper was delivering. members of parliament, for example, caught in bed with various women. again, stories that his newspapers were delivering. that is the kind of detail that rupert murdoch provided and...
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a low in welcome across talk i'm people about an empire in disarray rupert murdoch and his immense media assets are under investigation in what is being called voicemail game is this scandal all about murdoch and his sleazy business practices or a media that no longer serves the public good. crosstalk media today i'm joined by twenty percent and dallas he's a professor and gold distinguished chair in journalism at southern methodist university in los angeles across the thaddeus russell he's a historian and the author of a renegade history of the united states and in oxford we go to shawn powers he's an assistant professor at georgia state university all right gentlemen this is crosstalk that means you can jump in anytime you want i always go to the person has to get earliest for this program so i'm going to go to you thaddeus here and looking at what's happening to them the murdoch media empire and every hour that passes more revelations are coming out and it looks very very ugly has any of this surprise you and do you think it's going to be this is just the tip of the iceberg because mu
a low in welcome across talk i'm people about an empire in disarray rupert murdoch and his immense media assets are under investigation in what is being called voicemail game is this scandal all about murdoch and his sleazy business practices or a media that no longer serves the public good. crosstalk media today i'm joined by twenty percent and dallas he's a professor and gold distinguished chair in journalism at southern methodist university in los angeles across the thaddeus russell he's a...
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rupert murdoch is under fire on all fronts and is losing the chance of both sides first his u.k. boss eventually quit now his long serving right hand man in america is going to use corp is creaking under the phone hacking claims of murder victims and possibly the nine eleven attacks but as usual in the reports readers appetizer sleaze will mean the tabloids survive. sex drugs cheating and lies for me political scandal flashing dirty laundry crazy made up celebrity gossip and crime stories almost the odds human about to nation. over this is served on a platter and sold for a couple of quarters by tabloids publish. or simply secured in the freezer. i thought they were a journalist michael was one of millions falling for the bait of catchy headlines even though he knows the business inside out in america we don't break the law per se but they do have sleazy tactics i mean they will slap a story they probably make up sources i mean when you read the source. or said well who is it. you just make up the quote themselves and they say joe queenan said blah blah blah a lot of times i feel
rupert murdoch is under fire on all fronts and is losing the chance of both sides first his u.k. boss eventually quit now his long serving right hand man in america is going to use corp is creaking under the phone hacking claims of murder victims and possibly the nine eleven attacks but as usual in the reports readers appetizer sleaze will mean the tabloids survive. sex drugs cheating and lies for me political scandal flashing dirty laundry crazy made up celebrity gossip and crime stories...
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bernie kerik was also a tool of rupert murdoch. nothing would stop bernie kerik from doing anything murdoch or his lieutenants wanted him to do. bernie kerik was and is a criminal, and he was rudy giuliani's choice to be the police commissioner of the city of new york. there is no doubt tonight that bernie kerik is at the top of the list of people the fbi is going to want to interview in the investigation into what exactly murdoch's phone hackers may have done to the families of 9/11 victims in new york city. and if the fbi can find any dirt on bernie kerik in this case, then kerik will crack and tell them everything he knows about rupert murdoch and his empire. if murdoch needs kerik to stay quiet, then he needs to find a way to get the word to bernie that murdoch can do more for him in whatever is left of his future than the fbi can. murdoch and his new york team know how weak bernie kerik is. if they have to count on him to keep their secrets, they must be very, very worried tonight. >> my choice ultimately was and is bernie ker
bernie kerik was also a tool of rupert murdoch. nothing would stop bernie kerik from doing anything murdoch or his lieutenants wanted him to do. bernie kerik was and is a criminal, and he was rudy giuliani's choice to be the police commissioner of the city of new york. there is no doubt tonight that bernie kerik is at the top of the list of people the fbi is going to want to interview in the investigation into what exactly murdoch's phone hackers may have done to the families of 9/11 victims in...
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>> because rupert murdoch is a newspaperman. he loves the news. he loves dialling into his editors and giving them tips and hearing the gossip and finding out what's happening and trying to drive the news and drive the conversation. so when he says he's uninvolved with the newspapers there's some people in the business that say that doesn't ring true. >> spoken like a newspaperman. andrew ross sorkin. thank you. >>> and there was that startling moment during the hearing today when a guy attacked rupert murdoch with a cream pie and then murdoch's wife got up and took a roundhouse swing at the attacker. that kind of fierce devotion and protection seemed familiar to those familiar with wendi murdoch. nbc's andrea mitchell has more on the wife of rupert murdoch. >> reporter: she responded in a flash, leaping forward to protect her husband from an attacker. instinctive, fierce, athletic. a former volleyball player in school. all that, plus a lot more. the young, glamorous, chinese-born third wife of rupert murdoch. >> i think all the people are movers
>> because rupert murdoch is a newspaperman. he loves the news. he loves dialling into his editors and giving them tips and hearing the gossip and finding out what's happening and trying to drive the news and drive the conversation. so when he says he's uninvolved with the newspapers there's some people in the business that say that doesn't ring true. >> spoken like a newspaperman. andrew ross sorkin. thank you. >>> and there was that startling moment during the hearing...
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most recently, rebecca brooks, one of rupert murdoch's most trusted executives. she resigned and was arrested two days later brooks, who denies any wrongdoing, has been a power broker for over a decade in this country. >> somebody with huge charm, a lot of very political. she was very good at getting along side people. >> including david cameron. details of his visits with media heads were released over the weekend. since elected, he has met with brooks and other murdoch editors dozens of times. the prime minister has faced withering criticism for ties to andy colson, who was served as his communications chief. colson was also arrested last week. cameron is increasingly on the defensive, facing an energized opposition. >> terrible error of judgment in hiring andy colson. i really say the prime minister has to get a grip. he has to come clean and also own up to the mistakes he made. >> in a bizarre twist tonight, news that a former "news of the world" reporter and whistleblower has been found dead in his home in england. seaning, seen here -- sean, seen here on th
most recently, rebecca brooks, one of rupert murdoch's most trusted executives. she resigned and was arrested two days later brooks, who denies any wrongdoing, has been a power broker for over a decade in this country. >> somebody with huge charm, a lot of very political. she was very good at getting along side people. >> including david cameron. details of his visits with media heads were released over the weekend. since elected, he has met with brooks and other murdoch editors...
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what i found fascinating is rupert murdoch spent a lot of his first testimony not being rupert murdoch and being contrite and as the afternoon wore on what you saw was the emergence of very much the 20th century media mogul got more gruff but maybe felt more honest. at one pointthe questioner said rupert murdoch i'm going turn to you since i don't seem to get far with james murdoch and he got more gruff. he steamed to respond in a differt way. james was every bit the picture of a 20th centu corporate polished ceo saying no matter the merit of the question that's a tremendous and terrific question and i appreciate the manner in which it's been asked and his preambles were enormous and the content of the answers were minimal and existing always flattering the questioner. what i liked was the contrast. murdoch was as he said, humbled and i think he was contrite. the measure of the contrition seed to go down toughout the day until we got the pie as some over the internet said that saved news corp. not sure that's right but it was astonishing. >> charlie: and james murdoch to be protective
what i found fascinating is rupert murdoch spent a lot of his first testimony not being rupert murdoch and being contrite and as the afternoon wore on what you saw was the emergence of very much the 20th century media mogul got more gruff but maybe felt more honest. at one pointthe questioner said rupert murdoch i'm going turn to you since i don't seem to get far with james murdoch and he got more gruff. he steamed to respond in a differt way. james was every bit the picture of a 20th centu...
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here is 80-year-old rupert moderate -- rupert murdoch's earlier today, pursued by journalists. one of his staff was less tight- lipped. >> he has done a lot of good things for "news of the world." because of what happened because of some unscrupulous souls who worked here before, people are out of a job. >> some feel the former executive should have gone. >> lots of people are losing their jobs today. one of the people remaining in her job is the chief executive of news international, who was the editor at the time the found hacking happened. it is a big acts, but i do not think it solves the real issue. >> i am satisfied with rebecca, her leadership in this business, and her standard of ethics, her standard of conduct throughout her career. >> with big consumer company after big consumer company pulling their advertising, the fear of being tainted with the association -- by association with the paper, the future looked bleak. >> it is going to be investigated and there must be a full judicial dead -- judicial- led public inquiry. >> the other paper purchased by rupert murdoch
here is 80-year-old rupert moderate -- rupert murdoch's earlier today, pursued by journalists. one of his staff was less tight- lipped. >> he has done a lot of good things for "news of the world." because of what happened because of some unscrupulous souls who worked here before, people are out of a job. >> some feel the former executive should have gone. >> lots of people are losing their jobs today. one of the people remaining in her job is the chief executive of...
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rupert murdoch loses a lieutenant's on both sides of the atlantic as the screws tighten on a media empire built on peddling sleeves and targeting victims. and libya's bank balance of power sheer size of the u.s. joins others in recognizing rebel or thorpey and allows them access to cash. just after two pm on saturday here in moscow you with art scene show welcome to the program eight out of nineteen european banks have failed stress tests on whether they could withstand another financial crisis and none were in italy which it hopes might help the country to fend off its spiraling costs along with the seventy billion euro cuts which parliament passed on friday but as i think sara further points there's only so much that can be done before the people take power into their hands. as they gather. in the greek battle continue dark times keep now like. everybody here. is afraid for the future if you think it's really looking only increasing the unstable ground can you hear a write out this financial still this is real. something quite frankly if indeed it will he really goes into big trouble on
rupert murdoch loses a lieutenant's on both sides of the atlantic as the screws tighten on a media empire built on peddling sleeves and targeting victims. and libya's bank balance of power sheer size of the u.s. joins others in recognizing rebel or thorpey and allows them access to cash. just after two pm on saturday here in moscow you with art scene show welcome to the program eight out of nineteen european banks have failed stress tests on whether they could withstand another financial crisis...
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this is a day rupert murdoch and his son did not want to see. they were summoned to answer questions from politicians about the scandal that has rocked this country. >> mr. murdoch, do you have anything you want to say to the victims of phone hacking? >> reporter: allegations of widespread criminal activity by reporters at murdoch's shuttered tabloid, "the news of the world," and a cover-up involving politicians and the police. listen to this, from a man infamous for his ruthlessness and arrogance. >> this is the most humble day of my life. >> reporter: there they were in matching suits, shirts and ties, the patriarch and the heir apparent of one of the world's mightiest business dynasties. rupert murdoch, born in australia, age 80, an american citizen, presides over a global empire with $33 billion in revenue. father of six children from three marriages, he's the boss, but the buck does not stop with him and he is not planning to step aside. >> because i feel people i trusted betrayed the company and me and it's for them to pay. i think that, f
this is a day rupert murdoch and his son did not want to see. they were summoned to answer questions from politicians about the scandal that has rocked this country. >> mr. murdoch, do you have anything you want to say to the victims of phone hacking? >> reporter: allegations of widespread criminal activity by reporters at murdoch's shuttered tabloid, "the news of the world," and a cover-up involving politicians and the police. listen to this, from a man infamous for his...
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align. >>> it was a day of humble pie for rupert murdoch. first, there was this. >> i would just like to say one sentence, this is the most humble day of my life. >> then there was this. a man identified as activist and comedian jonnie marbles, charged rupert murdoch with a shaving cream pie, but one of the many reasons murdoch is married to a woman 37 years younger is that she is the best body guard in his entourage. wendi murdoch, seen here in the pink jacket, is a former employee of her husband and a former volleyball player who demonstrated the quickest reflexes in the room when she sprung towards the assailant and spiked the pie back in his direction. just before the attack, the comedian tweeted "it is a far better thing that i do now than i have ever done before." the gist of the murdoch testimony was i run a very big company and i didn't know any of these bad things were happening. >> did you or anyone else at your organization investigate this at the time? >> no. >> can you explain why? >> i didn't know that. this is not an excuse, m
align. >>> it was a day of humble pie for rupert murdoch. first, there was this. >> i would just like to say one sentence, this is the most humble day of my life. >> then there was this. a man identified as activist and comedian jonnie marbles, charged rupert murdoch with a shaving cream pie, but one of the many reasons murdoch is married to a woman 37 years younger is that she is the best body guard in his entourage. wendi murdoch, seen here in the pink jacket, is a former...
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well in a new development rupert murdoch consoled his cost of rushes out. the news out to all details on bass and instance in about ten minutes time also the bell grilles has crossed over the consequences of the phone hacking scandal and now it's having on both sides of the aisle and the full program coming up in twenty minutes and here's a taste. where you know you care you would make more dog is news corp of violator of the foreign corrupt practices act which has criminal and civil penalties. basically doesn't allow u.s. corporations to bribe foreign officials or if monarch is bribing foreign officials as he's really case they're talking about a hundred hundred thousand dollars or hundreds of thousand dollars worth of bribes to the london police. if that happened while the law and the f.c.c. should look at that i would say that the twenty four stations yawns they cover forty percent of united states he should not be allowed license of the news corp's as it should be revoked i don't ask kevin to define what he means by brought up a little more carefully be
well in a new development rupert murdoch consoled his cost of rushes out. the news out to all details on bass and instance in about ten minutes time also the bell grilles has crossed over the consequences of the phone hacking scandal and now it's having on both sides of the aisle and the full program coming up in twenty minutes and here's a taste. where you know you care you would make more dog is news corp of violator of the foreign corrupt practices act which has criminal and civil penalties....
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two key executives of rupert murdoch's empire have resigned. at least 32 protestors have been killed during demonstrations against president assad. >> 15 million pounds have been raised for victims of the worst drought in east africa for decades. but the disaster emergency committee says it's not enough to help the 10 million people who are fighting famine and disease. our correspondent has been traveling through some of the worst affected area from north eastern kenya from where he reports. >> this is north eastern kenya, one of the poorest part of the country, the landscape parched, the lives of its people blighted by drought. in one hospital in the district of hobaswain we found three-month old umi. she weighs barely less than a bag of sugar. less than the weight of a healthy children. umi was weak at birth. >> my daughter is alive now, she told me. but i worry about when i have to take her home. we have so little. in the opposite, another mother consumed by malnutrition, she gave birth just before we arrived at the hospital, but she's griev
two key executives of rupert murdoch's empire have resigned. at least 32 protestors have been killed during demonstrations against president assad. >> 15 million pounds have been raised for victims of the worst drought in east africa for decades. but the disaster emergency committee says it's not enough to help the 10 million people who are fighting famine and disease. our correspondent has been traveling through some of the worst affected area from north eastern kenya from where he...
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rupert murdoch loses lieutenants on both sides of the atlantic as the screws tighten money media empire build on peddling sleeves and getting victims. and libya's a bank balance of power shifts as the u.s. joins others in recognizing rebel author dorothy and i lost them access to establish. this is r.t. line from moscow on reception a very warm welcome saying eight out of one thousand european banks have failed stress tests on whether they could withstand another financial crisis were in italy richard hopes might help the country to fend off aspiring that along with the seventy billion euro cuts which parliament passed on friday sarah reports there's only so much that can be done before the people take power back into their own hands. as the clouds gather. in the battle continue its dark times keeping our life ahead of. what everybody here. as for the future if you think countries like italy looking on increasingly unstable ground county you're a right out this financial still this is really something quite frightening if indeed italy. goes into big trouble on the financial markets this
rupert murdoch loses lieutenants on both sides of the atlantic as the screws tighten money media empire build on peddling sleeves and getting victims. and libya's a bank balance of power shifts as the u.s. joins others in recognizing rebel author dorothy and i lost them access to establish. this is r.t. line from moscow on reception a very warm welcome saying eight out of one thousand european banks have failed stress tests on whether they could withstand another financial crisis were in italy...
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up rupert murdoch says sorry for the phone hacking by the news of the world as his media empire builds on sleaze and scandal tries to stave off self-destruction. preparation work is underway to lift the russian cruiser from the bottom of the boulder river aimed at shedding more light on why the vessel went down with the loss of around one hundred thirty nights. the operation to raise the sunken boat gary has begun hopefully providing answers the grieving relatives and investigators will bring you all the details from the recovery site in just a moment. with news and comment from around the world this is our life in moscow with you twenty four hours a day eight out of nineteen european banks have failed stress tests designed to determine whether they'd fall in the event of another crisis the majority of those are in spain the country feared to be next in line for a bailout meanwhile on friday italy past seventy billion euro worth of cuts to fend off its own spiralling debts but it's sort of first reports the euro fairy tale seems to be moving closer to collapse. as the clouds gather bin
up rupert murdoch says sorry for the phone hacking by the news of the world as his media empire builds on sleaze and scandal tries to stave off self-destruction. preparation work is underway to lift the russian cruiser from the bottom of the boulder river aimed at shedding more light on why the vessel went down with the loss of around one hundred thirty nights. the operation to raise the sunken boat gary has begun hopefully providing answers the grieving relatives and investigators will bring...